-
Oct 9, 2024 | 
4hoteliers.com | Mandeep S Lamba |Dipti Mohan |Dhwani Gupta
India’s Growing Wedding Market GrandeurBy Mandeep S Lamba, Dipti Mohan, Dhwani GuptaThursday, 10th October 2024
With approximately 25% of the world’s weddings occurring annually in India, the wedding industry in the country is a trillion-dollar industry.
According to the Confederation of All India Traders (CAIT), about 3.8 million weddings are expected to take place between 23 November and 15 December 2023 alone, up from 3.2 million weddings witnessed during the same period last year.
-
Jul 22, 2024 | 
hospitalitynet.org | Mandeep S Lamba |Dipti Mohan
Marriott International’s recently launched 'Business Access by Marriott Bonvoy' marks a strategic advancement in the hotel industry. While integrated travel management tools are not new, Marriott's approach differentiates itself by offering a comprehensive, seamless experience that simplifies the travel management process for small and medium businesses (SMBs). This initiative has the potential to transform corporate travel management by addressing several pain points faced by business travelers.
-
Jul 19, 2024 | 
myemail-api.constantcontact.com | Mandeep S Lamba |Dipti Mohan |HVS Asia Pacific
Aqualand Lodges Request to Build Mixed-Use Tower in North SydneyAfter recently completing the development of AURA by Aqualand, Australia-based Aqualand Australia ("Aqualand") has lodged a request with local governing bodies for permission to build a 40-storey mixed-use development at the site of an existing commercial building in 132 Arthur Street, North Sydney.
-
Jul 12, 2024 | 
myemail-api.constantcontact.com | Mandeep S Lamba |Dipti Mohan |HVS Asia Pacific
Hilton Partners with SLH to Add nearly 400 New Luxury Hotels to its PortfolioUS-Based Hospitality company Hilton Worldwide Holdings Inc. (“Hilton”) have partnered with UK-based Small Luxury Hotels of the World (“SLH”) to allow the nearly 400 properties in SLH’s collection to be available for booking on all of Hilton’s direct booking channels. In effect, this expands Hilton’s global luxury hotel portfolio by approximately 400 unique boutique hotels.
-
Jul 11, 2024 | 
hospitalitynet.org | Mandeep S Lamba |Dipti Mohan
The Indian Hotels Company Limited (IHCL) has recently been making significant strides in the global hospitality industry. With Brand Finance ranking Taj as the world's strongest hotel brand for the third time recently, and the remarkable growth in the company’s market capitalization, IHCL's ascent into the Top 5 global Hotel Management companies (by market cap) is a testament to its growing global presence and influence.
-
May 10, 2024 | 
htrends.com | Mandeep S Lamba |Dipti Mohan |Dhwani Gupta
A snapshot of the Amsterdam hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.
With a population of more than 930,000, the capital city of Amsterdam lies on the coast of the province of North Holland. The city – known for its historic canals, the famous Van Gogh Museum, the Rijksmuseum, and the coffee shops of the Red Light District – is also a significant financial and business centre in Europe.
-
May 8, 2024 | 
hotelnewsresource.com | Mandeep S Lamba |Dipti Mohan |Dhwani Gupta
Apex Hotels acquires Meldrum House Country Hotel in Scotland
A summary of European hotel transactions provided by HVS
Azora acquires hostels in Dublin and Barcelona from BlackRockMadrid-based investment firm Azora, through their Azora European Hotel & Lodging Fund (AEHL), has acquired the two-star, 412-bed Jacobs Inn Dublin in Ireland and the two-star, 149-bed Jacobs Inn Barcelona in Spain, from a European fund managed by BlackRock. The price was undisclosed.
-
May 8, 2024 | 
hotelnewsresource.com | Mandeep S Lamba |Dipti Mohan |Dhwani Gupta |Mandy Murry
Ashore Resort & Beach Club
Ocean City, Maryland, a perennial draw for travelers along the Eastern Seaboard, continues to solidify its reputation as a leading resort destination. Ocean City is known for its expansive beaches and its boardwalk and welcomes millions of visitors annually. This robust tourism industry fuels a thriving hospitality market, and recent strategic investments underscore Ocean City's focus on providing exceptional experiences for a range of visitors.
-
May 8, 2024 | 
htrends.com | Mandeep S Lamba |Dipti Mohan |Dhwani Gupta
Ocean City, Maryland, a perennial draw for travelers along the Eastern Seaboard, continues to solidify its reputation as a leading resort destination. Ocean City is known for its expansive beaches and its boardwalk and welcomes millions of visitors annually. This robust tourism industry fuels a thriving hospitality market, and recent strategic investments underscore Ocean City's focus on providing exceptional experiences for a range of visitors.
-
May 7, 2024 | 
hotelnewsresource.com | How Airbnb |Cindy Heo |Mandeep S Lamba |Dipti Mohan
Holiday Inn Express & Suites Houston Northwest Tomball Area
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 72-key Holiday Inn Express & Suites Houston Northwest Tomball Area, a limited-service hotel asset in Tomball, Texas, which is part of the Houston-The Woodlands-Sugar Land MSA. Absentee-Owned Asset The absentee-owned hotel operates with a full staff.
